BOE Technology Group, a company from China, is reported to be overtaking Samsung as the largest supplier of screens for the iPhone in 2024.
This was stated by Ming-Chi Kuo, analyst at TF International Securities, who said that BOE will produce the majority of screens for the iPhone 15 and 15 Plus, which will be released in mid-2023.
"If everything goes smoothly in the next few months, BOE will become the largest screen supplier for the iPhone 15 and 15 Plus, with a market share of around 70 percent (compared to Samsung's 30 percent)," said Kuo.
In addition, starting next year BOE is expected to start shipping low temperature polycrystalline oxide (LTPO) screens - the type of screen used for expensive iPhones such as the iPhone 14 Pro and 14 Pro Max.
Kuo added that if BOE can take around 20% to 30% of Apple's LTPO iPhone screen supply by the second half of 2024, then BOE will overtake Samsung as the top screen supplier to Apple.
Neither BOE, Apple, nor Samsung issued a statement in this regard, we were quoted as saying from Scmp, Monday (9/1/2023).
BOE is a company based in Beijing, China and first started in the early 1950s, when the Soviet Union -- now Russia -- helped China build its first electron tube factory.
It began supplying display panels for the iPhone 12 in 2020, and by 2021 it was producing 10% of all OLED panels for iPhones and shipping around 16 million of its display panels to Apple. But unfortunately the problem of the scarcity of chips in 2022 disrupted BOE's display panel production.
Meanwhile, Apple has actually been trying to diversify component suppliers for its products from Chinese companies for some time. But it seems they have not been able to let go of their dependence on companies from China.